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Accumulated Other Comprehensive Loss
12 Months Ended
Dec. 30, 2023
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss

R. Accumulated Other Comprehensive Loss

 

Accumulated other comprehensive loss represents cumulative currency translation adjustments and amounts of unrecognized actuarial gains or losses related to the Company sponsored defined benefit pension plan and post-retirement medical plan, net of tax effect. Changes in accumulated other comprehensive loss represent currency translation adjustments due to exchange rate fluctuations in the period and actuarial losses or gains, net of tax effect, recognized as components of net periodic benefit costs. The components of the accumulated other comprehensive loss was as follows as of::

 

 

 

December 30,

 

 

December 31,

 

 

 

2023

 

 

2022

 

 

 

(in thousands)

 

Cumulative currency translation adjustments

 

$

(141

)

 

$

(307

)

Deferred benefit costs, net of tax

 

 

84

 

 

 

97

 

Total accumulated other comprehensive loss

 

$

(57

)

 

$

(210

)